Avnet, Inc. (NASDAQ:AVT) Q1 2024 Earnings Conference Call November 1, 2023 4:30 PM ET
Company Participants
Joe Burke – Vice President-Investor Relations
Phil Gallagher – Chief Executive Officer
Ken Jacobson – Chief Financial Officer
Conference Call Participants
Melissa Fairbanks – Raymond James
Ruplu Bhattacharya – Bank of America
Joe Quatrochi – Wells Fargo
Matt Sheerin – Stifel
Joseph Cardoso – JPMorgan
William Stein – Truist Securities
Operator
Greetings and welcome to the Avnet First Quarter Fiscal Year 2024 Earnings Call. At this time all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Joe Burke, Vice President of Investor Relations. Thank you, Joe. You may begin.
Joe Burke
Thank you, Paul. I’d like to welcome everyone to the Avnet first quarter fiscal year 2024 earnings conference call. This afternoon, Avnet released financial results for the first quarter fiscal year 2024, and the release is available on the Investor Relations section of Avnet’s website, along with a slide presentation, which you may access in advance at your convenience.
As a reminder, some of the information contained in the news release and on this conference call contain forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Such forward-looking statements are not the guarantee of performance, and the company’s actual results could differ materially from those contained in such statements. Several factors that could cause or contribute to such differences are described in detail in Avnet’s most recent Form 10-Q and 10-K and subsequent filings with the SEC. These forward-looking statements speak only as of the date of this presentation, and the company undertakes no obligation to publicly update any forward-looking statements or supply new information regarding the circumstances after the date of this presentation.
Today’s call will be led by Phil Gallagher, Avnet’s CEO; and Ken Jacobson, Avnet’s CFO.
With that, let me turn the call over to Phil Gallagher. Phil?
Phil Gallagher
Thank you, Joe, and thank you, everyone, for joining us on our first quarter fiscal year 2024 earnings conference call. Before we get into the quarter, I want to take a moment and remark on recent events in the Middle East in general and specifically, our operations in Israel. Our thoughts and prayers are with our employees and all those in the region affected by recent events. We hope this devastating conflict will be resolved as soon as possible. As of this date, all of our employees in Israel are safe and accounted for, and we continue to service our customers to the greatest extent possible under these circumstances.